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Ahsan Iqbal chairs meeting of National Logistic Board.

ISLAMABAD -- Minister for Planning, Development and Reforms Ahsan Iqbal Thursday chaired the 62nd meeting of the National Logistic Board (NLB) and reviewed administrative and financial matters of the organization.

Officer Incharge of NLC Lieutenant General Javed Mahmood Bukhari and Director General NLC Major General Mushtaq Ahmed Faisal briefed the participants about the operational, administrative and financial matters of the Organization with special reference to the accomplished tasks and future development plans of NLC.

The board approved the Audited Financial Statements of NLC for Financial Year 2016/17 and appointment of external auditor for Financial Year 2017/18.

The NLB discussed proposal for establishment of international standard rest areas astride National Highways with the brand name of Drivers Emergency and Rest Area (DERA) as envisaged in the National Trucking Policy.

The proposed DERAs will act as multipurpose parking and resting facilities at locations alongside N - 5 to serve as logistical facilitation point by having requisite support infrastructure.

The project will subsequently be extended to Indus Highway, KKH, Quetta-Taftan Road and CPEC Western Route. The Board discussed the proposed business model of project and granted approval for execution of the project.

The NLC management briefed the board about the voluntary projects undertaken by NLC for the welfare of community under the Corporate Social Responsibility domain and approved framework for conduct of CSR programmes by NLC encompassing budget allocation, organizational structures for monitoring, system of feedback and selection of priority areas like free education, water supply schemes, health facilities and provision of logistics support to the calamity hit areas.

Establishment of Dry Port at Gujranwala was also discussed by NLB. The proposed Dry Port will be set up under Joint Venture (JV) arrangement between NLC and Gujranwala Impex Terminal Services (GITSL) - a company of Gujranwala Chamber of Commerce and Industries (GCCI). The Board accorded principle approval to the proposal.

Ahsan Iqbal appreciated the performance of NLC and its valuable contributions in the nation building process.

Giving policy guidelines to NLC, he said like every progressive institution, NLC should keep pace with emerging technologies and innovative concepts in its core business operations.

He said professionalism, hard work, strict financial discipline and adherence to the best practices is the key to sustained growth and hoped that NLC would continue to play its due role as leading logistics organization of the country.

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Publication:Balochistan Times (Baluchistan Province, Pakistan)
Geographic Code:9PAKI
Date:Feb 23, 2018
Words:432
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